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SOL Strategies Validator Selected by Canadian Custodian Balance as Solana Staking Provider
SOL Strategies Inc. (CSE: HODL) (NASDAQ: STKE) ("SOL Strategies" or the "Company"), one of the first publicly traded companies dedicated to growing and building the Solana economy, today shared that Balance, Canada's oldest and largest digital asset custodian, has integrated the Company's Orangefin validator as a top Solana staking provider for its custody clients. As a publicly traded Canadian company operating under the oversight of both the OSC and SEC, SOL Strategies brings a level of regulatory accountability and transparency to validator operations that private infrastructure providers are not subject to.
Balance evaluates staking providers independently, without commercial arrangements or referral fees influencing its integrations. After assessing Solana validators on the basis of uptime reliability and third-party compliance certifications, Balance integrated Orangefin, by SOL Strategies, as an option for clients looking to stake their SOL holdings. Orangefin has consistently maintained 100% uptime through the most recent reporting period. The validator operates under SOL Strategies' institutional compliance framework, which includes ISO 27001, SOC 1 and 2 Type 2 certifications.
"Balance approached this the right way," said Michael Hubbard, Interim CEO of SOL Strategies. "We believe Orangefin's track record on uptime, backed by independent audits, is exactly what a regulated custodian needs. The fact that it's a Canadian institution integrating a Canadian-built validator matters to us too."
"The integration of SOL Strategies' Orangefin validator into our ecosystem reflects our commitment to providing institutional clients with high-quality options for their digital asset participation. At Balance, our role is to offer the secure infrastructure and regulatory clarity required for institutions to navigate the Solana network with confidence. By identifying providers that meet rigorous standards for uptime and third-party compliance, we continue to fulfill our mission as a custodian dedicated to safeguarding the assets of our clients," said George Bordianu, co-founder and CEO of Balance.
SOL Strategies currently serves over 33,500 unique wallets across its validator network, representing over 5% of all staking participants on the Solana network. The company's validator network holds over 3.8 million SOL in assets under delegation. Institutional partners include ARK Invest's Digital Asset Revolutions Fund, VanEck, Crypto.com, Neptune Digital Assets, and Solana Mobile, among others.
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COMTEX_478959430/2227/2026-05-11T21:17:05